Miba operates in the international automotive industry and provides premium friction solutions. It has a manufacturing facility in Pune, and Mr. Martin Liebl, a member of Miba’s management board, recently visited the facility. He revealed their plans for expansion in the Indian market by setting up another facility in the same city. According to him, Miba aims to manufacture locally and strengthen its clutch button production capacity worldwide. India is a crucial market because of its enormous customer base and scope for evolution. Hence, Miba is keen on investing in appliances and gaining a powerful workforce in India. When India attains the peak of the transition to electric mobility, it will consolidate its position in the powertrain component market.
Miba’s clutch buttons’ design and manufacturing are meticulous and precise, making them capable of sustaining higher loads without compromising performance. The next phase in their design would be electrification. Martin detailed the challenges in switching to electric models for axles and Miba’s plans for tackling them. On the topic of electric powertrains for India, he said, “For one, if the last mile which is being served today by the likes of Tata Ace goes electric, it will bring a big relief in cutting pollution in cities; also, this segment will be easy to electrify.” The previous decade in India was great for Miba as it witnessed a 300% growth. The strategists at Miba predict a doubling in its growth rate by the end of this decade. Sturdy manufacturing processes and clever action plans are expected to drive Miba’s success in the Indian auto components industry.